Blogs

Most people read a budget for the wrong number entirely. A field guide to the figures like structural deficits and assumptions that actually matter.

A strong krone quietly benefits consumers while squeezing exporters and almost nobody talks about who actually bears each side. A distributional story hiding in plain sight.

Scary "unfunded liability" headlines misread how pay-as-you-go pension systems actually work. Why the real metric to watch is demographic, not actuarial.

Who pays for decarbonization has already changed twice from consumers to markets to grids. A look at where the next phase of that cost is quietly heading.

A personal essay on trading a fast, brutal feedback loop for a slow, uncertain one. What a decade in markets taught me and what it got wrong.

Centuries before modern trade agreements, medieval merchants solved the real problem trade deals face: trust, not tariffs. Their institutions still hold lessons today.

A coastal village visit reveals why individual, tradeable quotas succeed where blunt limits fail. Lessons on incentive design that reach well beyond fishing.

Productivity growth decides living standards more than almost any other number yet it gets the least political attention. A look at why the problem has no villain.

The policy rate isn't what most people actually pay to borrow anymore. Why the hidden spread between banks' funding costs and headline rates deserves more attention.

Why small, open economies treat windfall income as capital rather than cash to spend. A look at how Norway's saving instinct became a national discipline.